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Technology Stocks : Corvis (CORV)
CORV 0.4200.0%May 27 5:00 PM EST

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To: SemiBull who wrote (284)1/15/2002 7:22:14 PM
From: SemiBull  Read Replies (1) of 325
 
Corvis and Clear to Provide Comprehensive Optically Optimized Networking Management Solution to Carriers

Partnership Enhances Corvis Product Suite to Provide End-to-End Optical Service Management

LINCOLNSHIRE, Ill., Jan. 15 /PRNewswire-FirstCall/ -- Clear, a leading provider of optical, broadband and digital network management software, today announced a solution partnership with Corvis Corporation (Nasdaq: CORV - news), a provider of intelligent optical networking solutions. Together, Clear and Corvis will offer Corvis' customers enhanced fault and performance management capabilities and service level agreement (SLA) monitoring and reporting. This solution allows long-distance carriers, inter-exchange carriers, local exchange carriers and MSOs to monitor and maintain their networks thereby reducing costs and increasing revenues through efficient operations, decreasing downtime, reporting and monitoring service-level agreements, and differentiating through quality of service.

The Corvis Network Manager interfaces with the Clearview(TM) product suite via the TeleManagement Forum 513 (TMF 513) industry standard interface. This interface offers carriers a scalable, non-proprietary network management solution where multi-vendor, multi-technology management systems interoperate in an open interface specification.

From the provisioning of connections and the retrieval of equipment inventory information to proactive fault and performance monitoring and reporting, the partnership will enable carriers to have an end-to-end view of their optical and SONET/SDH networks.

``We are pleased to be working together with Clear to ensure that carriers have the tools to offer differentiated optical services, such as bandwidth on demand,'' said Dr. David Huber, president and CEO, Corvis. ``Clear's solutions extend Corvis' focus on optically optimizing networks to ensure carriers enjoy the greatest return possible on their investment.''

``Carriers that select Corvis' optically optimized networks along with Clear, the only company providing a full suite of service assurance capabilities for optical networks, finally have the tools needed to improve the effectiveness and efficiency of their network operations. Extending beyond network planning and provisioning capabilities, carriers now have the software to better manage their networks-allowing them to deliver the most reliable and differentiated services, while reducing operational expenses through proactive network management,'' said Tom Richards, CEO of Clear. ``This agreement creates an integrated operational management and reporting ability that carriers have been seeking.''

About Clear

Clear is a leading-edge global supplier of multi-vendor optical and digital network management software for telecommunications providers and enterprises worldwide. Clear's flagship product, Clearview®, enables service providers to drive operational efficiencies, decrease downtime, reduce costs, and increase revenue by delivering superior value to their customers.

Clear delivers value to enterprise users by enabling them to monitor the quality of service they have been guaranteed in their service level agreements. Customer-centric end-to-end circuit visualization, inventory system integration and performance monitoring features allow users to instantly isolate faults, identify affected customers and monitor circuits for degradation, proactive maintenance and service level reporting. Headquartered in suburban Chicago, Clear markets its products directly and through strategic partnerships with systems integrators and equipment vendors. For more information on Clear and its products and solutions, call 847-317-2500, or access the company's Web site at www.clear.com .

About Corvis

From point-to-point links to all-optical networks, Corvis Corporation delivers innovative optical network solutions that drive carrier profitability faster than any other vendor. Corvis continues to demonstrate optical leadership with numerous industry firsts, including the first and only commercial all-optical network and integrated all-optical switches, the first to transmit over 6000 km without costly electronic regeneration and first to deploy Raman amplification commercially. Corvis' innovative solutions enable carriers to provision new wavelength-based services rapidly and to tailor dynamic service level agreements for rapid revenue generation. Corvis' future- ready product portfolio solves carrier network challenges with scalable, robust solutions that reduce capital and operating expenditures. With offices across North America and Europe, Corvis operates Research and Development centers of excellence at its global headquarters in Columbia, Maryland, and in Lannion, France. For more information, call Corvis at 443-259-4000 or visit www.corvis.com .

SOURCE: Clear
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